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#Wall_Street

#Intel, #Arm, #Apple, #GameStop #rise #premarket; #Bristol #Myers #falls :

  #USA_stock futures edged higher Monday, with investors looking forward to more corporate earrings as well as key consumer inflation data. Here are some of the biggest premarket U.S. stock movers today: #Intel (NASDAQ:#INTC) stock rose 1.2% after the WSJ reported that the tech giant was in advanced talks with Apollo Global Management (NYSE:#APO) for the manufacture of […]

#Intel, #Arm, #Apple, #GameStop #rise #premarket; #Bristol #Myers #falls : Read More »

#Putin taps #economist to run #defence, replacing #Shoigu in #unexpected #move :

  #Vladimir_Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better utilise the defence budget and harness greater innovation to win in #Ukraine. More than two years into the conflict, which has cost both sides heavy casualties, Putin proposed

#Putin taps #economist to run #defence, replacing #Shoigu in #unexpected #move : Read More »

#Chinese #e_commerce #giants face delicate #balance between #discounts, #profit :

  #Quarterly #earnings #reports from #Chinese #e_commerce giants #Alibaba (NYSE:#BABA) and #JD (NASDAQ:#JD).com this week will be closely watched as barometers for the mood of consumers in the world’s second-largest economy. Both firms, which combined account for about 69% of #China’s e-commerce market revenue, according to DBS estimates, have faced increasing competition in recent years

#Chinese #e_commerce #giants face delicate #balance between #discounts, #profit : Read More »

#Chinese EV maker #Zeekr to vie for #USA_investors’ #attention with #NYSE #debut :

  Shares of #China’s #Zeekr Intelligent #Technology were expected to #start trading on the #New_York_Stock Exchange on Friday, after the electric-vehicle maker’s initial public offering was priced at the top end of its marketed range. The debut would mark the first #major U.S. listing by a Chinese #company since 2021 amid fierce competition in China

#Chinese EV maker #Zeekr to vie for #USA_investors’ #attention with #NYSE #debut : Read More »

#Fed likely to cut #interest #rates this year as #economy slows #Bostic :

  The #USA_Federal_Reserve is likely to cut interest rates this year, according to #Atlanta #Federal Reserve President #Raphael #Bostic, even if the timing remains uncertain. “I still have that belief” that interest rates can be lowered this year, Bostic said in an interview with #Reuters published earlier Friday, despite inflation remaining well above the central

#Fed likely to cut #interest #rates this year as #economy slows #Bostic : Read More »